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...In the UK the answer is clear....
...JB Hunt, which is a big old capital-intensive diesel-burning trucking company that owns its own trucks, earned 11 per cent (and that was its worst year in more than two decades; trucking is in a slump)....
...But the clogged arteries of the crucial logistics network are taking time to clear....
...Polish police have struck an agreement with demonstrators to keep the road clear for private vehicles, buses and transports of military and humanitarian aid, including from the nearby airport of Rzeszów....
...“It’s abundantly clear that potential customers are interested in cargo, while passenger is somewhat farther away,” DP World said....
...The latest is in diesel consumption, which is downwind of trucking and rail activity....
...Trucking companies also report they are picking up work because EU drivers really don’t want to come to the UK any more....
...The $300mn Gwadar port, the proposed outlet for Chinese trucking convoys, sits largely unused mainly because of security fears along the highway that serves it....
...“Simply stated, we’re in a freight recession,” said Shelley Simpson, chief executive of trucking group JB Hunt, on a recent earnings call....
...Environmentalists say it will take time before the extent of the derailment’s damage is clear....
...Reopening could help unclog Chinese shipping and trucking routes, reducing strains in value chains. But the transition could be choppy, to say the least....
...It is not clear at this point whether either class has priority over the other....
...It’s now clear the crunch is rapidly uncrunching. Freight rates and waiting times at ports are dropping rapidly....
...The American Trucking Associations (ATA) estimated last year that the US was short a record 80,000 truckers....
...That also posed a threat to the coal and trucking syndicates that operate in Mpumalanga province, where Eskom has the bulk of its power stations and where criminality is rife....
...This is the third impeachment attempt that they brought against him, and it wasn’t clear that the impeachment would have worked....
...An electric truck start-up founder goes to trial Trevor Milton and his electric vehicle start-up Nikola became Spac darlings in 2020 with his plan to transform the trucking industry....
...Luis Gomez, president of Europe at XPO Logistics, one of the world’s biggest trucking companies, said the situation could put further strains on the haulage sector in Europe but would probably have less...
...Reading though the weekend papers and research round-ups, it became clear we have crossed a market-sentiment Rubicon. For months, all anyone talked about was inflation....
...What else we’re reading and watching Why America has to keep on trucking Buried in this month’s shocking inflation data from the Bureau of Labor Statistics was the annual inflation rate for all trucking...
...With the UK gone, the influence of its instinctive interventionism has become increasingly clear....
...That caution is echoed by Adam Lewis of digital customs broker Clear-It....
...Yet open the bonnet of the US’s premier technology index, and it’s clear the internal machinery of the market is faltering....
...How else could he have gone from trucking dried milk to central Asia to being the power behind the Ukrainian presidency, his detractors ask?...
...We’ve already written about US trucking and shipping rates falling. Shipping across the Pacific is getting cheaper too, and that might not all be down to lockdowns in China....
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